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Q: Economic activity fluctuates in the short-run. Why is this the case?
A: Economic activity fluctuates in the short-run In the short run, An outward shift in the aggregate…
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A: The above graph shows the short run and long run equilibrium of an economy.
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Q: The theory of short-run economic fluctuations is uncontroversial.
A: Fluctuations are common in the economy.
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A: please find the answer below.
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A: Answer -
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A:
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A: The question is based on Solow model of economy growth.
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A: Option (C).
Q: Which of the following will probably rise when the economy is in a recession?
A: “Hey, since there are multiple questions posted, we will answer first question. If you want any…
Q: Which of the following statement is true?
A: Fluctuations are common and it create an interlinking consequences.
Q: The aggregate production curve is a 45 degree line. [True or False] – Explain Why
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Q: What factors cause Stagflation?
A: please find the answer below.
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Q: In the long run, what happens to consumption in the economy when people are saving less?
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Economic activity fluctuates in the short-run. Why is this the case?
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